Market Week

Stocks fell sharply last week as favorable economic data furthered sentiment that the Federal Reserve would keep interest rates elevated for a longer period of time this year.

A rise in values last Friday wasn’t enough to prevent stocks from closing generally lower last week.

Christmas week saw stocks climb higher, despite a tumble last Friday.

Despite a late-week rally, stocks tumbled lower last week as Wall Street appears to be limping into the new year.

Stocks pulled back last week as tech shares pared gains from the prior week.

A stronger-than-expected jobs report (see below) helped drive stocks mostly higher last week and raise optimism of an interest rate cut when the Federal Reserve meets later in December.

Thanksgiving week proved to be a positive one for stocks. Each of the benchmark indexes listed here closed higher, led by the Dow and the Russell 2000.

Wall Street enjoyed a solid week of gains, rebounding from the prior week’s losses.v

Last week saw stocks close markedly lower as investors were discouraged by hawkish comments from Federal Reserve Chair Jerome Powell, who put a damper on the likelihood of another interest rate decrease this year.

Stocks rallied last Tuesday as investors awaited the results of the presidential election.